ResultsNDTV Profit
Tata Steel Q2 profit up 58% beats estimates
GreyOak summary
Tata Steel reported a 58% rise in net profit to Rs 3,666 crore in Q2 FY27, driven by strong India volumes. EBITDA grew 14% to Rs 10,533 crore with margins improving to 16.1%. Analysts maintain bullish targets, citing resilient domestic operations and expected realisation improvements.
What it affects
- Tata SteelTATASTEELPositive +39
Profit up 58% on volume growth.Rolling sentiment Positive +43
Source
Read the original at NDTV ProfitMore Tata Steel news
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